You would think it is in BNB's interest to do what it can to help its value of BBI eventually recover. Maybe the selling of the BBI mgmt fees contract back to BBI may have a more positive effect on its share price than not selling them.
BNB are both sides of the table here.
If under the BNB recovery plan, which goes on for several years, BBI was to eventually make a recovery and stop any potential dilution of its shares that seems to be worrying the market so much, then BNB would eventually profit quite considerably from the increase in the value of their BBI stake.
BBI Price at posting:
8.3¢ Sentiment: None Disclosure: Held
